Compound interest on TI Nspire - Math Exams

COMPOUND INTEREST 1 100 r kn FV PV k( ) §· ¨¸ ©¹ FV = future value PV = present value r = interest rate n = the number of years k = the number of compounding periods per year Example 1 Pauline invests $6000 in a bank offering 4% interest compounded annually. a) Calculate the amount of … ................
................